Which of the following statements is incorrect about the Parallax method?

1
This method can be used to measure all kinds of distances – large, small, medium and micro.
2
To measure the distance of a far away planet by this method, we observe it from two different positions (observatories).
3
Parallactic angle will always be very small while calculating very far off objects.
4
The distance between the two points of observation is called the basis.

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